Nippon Yakin Kogyo dividend yield – Nippon Yakin Kogyo Co. Ltd. Announces 130.0 Cash Dividend

March 20, 2023

Categories: Dividends, SteelTags: , , Views: 8

Dividends Yield

On March 1 2023, Nippon Yakin Kogyo ($TSE:5480) Co. Ltd. (NIPPON YAKIN KOGYO) announced its 130.0 cash dividend per share. This is a decrease from the previous three years, during which the company paid out an annual dividend per share of 150.0, 120.0, and 45.0 JPY respectively. Despite the decrease in dividend payouts, investors may still find NIPPON YAKIN KOGYO to be an attractive dividend stock with a dividend yield of 6.55%, 5.75%, and 2.66% for 2021 to 2023 respectively and an average dividend yield of 4.99%.

The ex-dividend date for this dividend is March 30 2023. Investors who acquire shares on or prior to this date will receive the dividend payment.

Price History

On Wednesday, NIPPON YAKIN KOGYO Co. Ltd., a leading maker of stainless steel products in Japan, announced that its board of directors have approved a 130.0 cash dividend per share for the fiscal year ending in March 2021. The dividend will be distributed to shareholders of record at the close of business on May 7, 2021. Following the announcement, NIPPON YAKIN KOGYO stock opened at JP¥4360.0 and closed at JP¥4375.0, up by 0.3% from the previous closing price of 4360.0. Live Quote…

About the Company

  • Industry Classification
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  • Ownership (Institutional/ Fund Holdings)
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  • Income Snapshot

    Below shows the total revenue, net income and net margin for Nippon Yakin Kogyo. More…

    Total Revenues Net Income Net Margin
    195.52k 14.65k 9.9%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Nippon Yakin Kogyo. More…

    Operations Investing Financing
    -6.91k -15.66k 15.05k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Nippon Yakin Kogyo. More…

    Total Assets Total Liabilities Book Value Per Share
    219.11k 143.86k 4.64k
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Nippon Yakin Kogyo are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    12.0% 53.9% 9.8%
    FCF Margin ROE ROA
    -10.7% 16.5% 5.5%
  • Income Statement Ratios
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  • Analysis

    GoodWhale has conducted an analysis of the financials of NIPPON YAKIN KOGYO, using our specialized Star Chart tool. The results show that NIPPON YAKIN KOGYO has a high health score of 7/10, indicating that it is capable of safely riding out any crisis without the risk of bankruptcy. Furthermore, NIPPON YAKIN KOGYO is classified as a ‘cheetah’ company, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. This means that investors looking for strong dividend and growth potential may be interested in this company, although they should be aware of the potential risks. Overall, GoodWhale’s analysis of NIPPON YAKIN KOGYO shows that it is strong in dividend and growth, and medium in asset and profitability. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    Nippon Yakin Kogyo Co Ltd is one of the leading steel companies in Japan, along with major competitors such as Bookook Steel Co Ltd, Marufuji Sheet Piling Co Ltd, and Kalyani Steels Ltd. With over 100 years of experience in the steel industry, Nippon Yakin Kogyo Co Ltd has been able to provide quality steel products to the Japanese market and beyond. Despite stiff competition from its rivals, Nippon Yakin Kogyo Co Ltd continues to remain one of the top players in the industry.

    – Bookook Steel Co Ltd ($KOSE:026940)

    Bookook Steel Co Ltd is one of the largest steel production companies in the world. As of 2023, the company has a market cap of 66 billion US dollars, reflecting its strong financial performance in the steel industry. The company’s Return on Equity (ROE) of 5.03% shows a commitment to delivering consistent returns to its shareholders and indicates that Bookook Steel successfully utilizes its assets to generate returns.

    – Marufuji Sheet Piling Co Ltd ($TSE:8046)

    Marufuji Sheet Piling Co Ltd is a Japanese company that specializes in the design, manufacture, and installation of sheet piles for civil engineering works. The company has a market capitalization of 7.2 billion as of 2023, which reflects the value of the company’s financial performance and market presence. Additionally, Marufuji Sheet Piling Co Ltd has a return on equity of 3.33%, indicating a strong financial performance. Marufuji Sheet Piling Co Ltd’s market cap and high return on equity demonstrate the company’s successful business model and its capability of generating revenue in competitive markets.

    – Kalyani Steels Ltd ($BSE:500235)

    Kalyani Steels Ltd is an Indian steel company based in Pune, Maharashtra. It is part of the Kalyani Group, one of the largest business conglomerates in India. In 2023, the market cap of Kalyani Steels Ltd was 13.65 billion USD. This market capitalization value indicates the total worth of the company and its assets. Kalyani Steels Ltd also reported a Return on Equity (ROE) of 11.17%, which is a measure of how well the company’s management is utilizing its shareholders’ capital. This figure demonstrates that the company has had successful management strategies in place to maximize its profits and maximize returns for its shareholders. The company produces a wide range of steel products and services, including flat steel products, long steel products, stainless steel products, ferro alloys and value-added services.


    NIPPON YAKIN KOGYO is a promising dividend stock for investors. The company has paid out an annual dividend of 150.0, 120.0, and 45.0 JPY per share in the last three years, with a respective dividend yield of 6.55%, 5.75%, and 2.66%. On average, the dividend yield is 4.99%, making it a great option for dividend-seeking investors. It is important to consider the company’s financial standing and overall prospects before investing, but NIPPON YAKIN KOGYO provides a viable option for those looking to benefit from a reliable dividend income.

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